Curaleaf Holdings Debt-to-Equity Ratio Growth & History (CURLF)
Curaleaf Holdings's debt-to-equity ratio was 1.09 for fiscal 2025.
View full Curaleaf Holdings company overviewCuraleaf Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.09 | 0.10 | +10.28% |
| 2024 | 2024-12-31 | 0.99 | 0.15 | +17.89% |
| 2023 | 2023-12-31 | 0.84 | 0.12 | +15.88% |
| 2022 | 2022-12-31 | 0.73 | 0.11 | +18.36% |
| 2021 | 2021-12-31 | 0.61 | 0.16 | +34.88% |
| 2020 | 2020-12-31 | 0.45 | −0.03 | −6.20% |
| 2019 | 2019-12-31 | 0.48 | — | — |
Curaleaf Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.05 | 0.08 | +8.33% |
| Q1 2026 | 2026-03-31 | 1.01 | — | — |
| Q4 2025 | 2025-12-31 | 1.09 | 0.10 | +10.28% |
| Q3 2025 | 2025-09-30 | 1.01 | — | — |
| Q2 2025 | 2025-06-30 | 0.97 | — | — |
| Q4 2024 | 2024-12-31 | 0.99 | 0.15 | +17.89% |
| Q4 2023 | 2023-12-31 | 0.84 | 0.12 | +15.88% |
| Q4 2022 | 2022-12-31 | 0.73 | 0.11 | +18.36% |
| Q4 2021 | 2021-12-31 | 0.61 | 0.16 | +34.88% |
| Q4 2020 | 2020-12-31 | 0.45 | −0.03 | −6.20% |
| Q4 2019 | 2019-12-31 | 0.48 | — | — |
Curaleaf Holdings debt-to-equity ratio trends
Over the last five fiscal years, Curaleaf Holdings's debt-to-equity ratio increased from 0.45 to 1.09, a change of 0.64. The latest reported quarter, Q2 2026, shows 1.05.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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